$1,295,000 Sale

Listed 11 days ago

156 Nanaimo Avenue E

MLS® 10402298 Multi Family

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Beds · 0

Baths · 0.0

Parking · 0

Sqft · 5196

Est. mortgage

$4,913/mo

Key Facts

Key facts for 156 Nanaimo Avenue E

Property Type

Apartment

Parking

Garage: No, 0 parking

MLS #

10402298

Size

5196 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1940

Maintenance Fee

Description

Excellent investment opportunity in a central Penticton location. This 7-unit multifamily property offers established rental income with significant long-term upside. The suite mix includes one 2-bedroom, five 1-bedroom units and one studio. Five units are currently tenanted with two vacant, providi...ng a purchaser the opportunity to establish new tenancies and rents. Tenants pay their own electricity, while heat is supplied by a central boiler system and included in rent. Additional features include 400-amp electrical service and coin laundry. The property is C5 zoned and consists of two separate titles with lane access. The C5-zoned vacant lot directly behind the building at 313 Van Horne Street is also available separately, creating an interesting opportunity for investors considering the longer-term potential of the site. Buyers to verify development possibilities with the City of Penticton. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

5196 sqft

Heating Type

Radiant heat, See remarks

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

5196 sqft

Heating Type

Radiant heat, See remarks

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.18 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Land Amenities

Shopping

Acreage

0.18 ac|under 1 acre

Parking Spaces

Garage Spaces Y/N

Land Amenities

Shopping

Building Description

Home Type

Apartment

Subtype

Multi Family

Year Built

1940

Sewers

Municipal sewage system

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Year Built

1940

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

Main North

Area Code

Penticton

Community

Main North

Area Code

Penticton

Other

Virtual Tour Link

https://youriguide.com/156_nanaimo_ave_e_penticton_bc

Virtual Tour Link

https://youriguide.com/156_nanaimo_ave_e_penticton_bc

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Alicia Andreasen

Email: [email protected] Cell: 250-488-0938